109 SOUTH 5 STREET
109 SOUTH 5 STREET is a Class O5 (office + commercial) building in Brooklyn (BBL 3024430034) built in 1903, with 41 residential units across 6 floors.
The building is in NYC community district 301, council district 34, zoning district M1-2/R6, on a 10,450-square-foot lot with a building footprint of 63,033 square feet.
The current registered owner of record per NYC PLUTO is HEITMAN CREDIT ACQUISITION XXII, LLC.
The most recent ACRIS deed transfer for this BBL was recorded on June 9, 2022 when 109 SOUTH 5 PROPERTY LLC conveyed the property to HEITMAN CREDIT ACQUISITION XXII, LLC for $45.97M. The transaction was recorded as cash (no paired mortgage instrument).
Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.
Owner of record
Most recent deed
Recent ACRIS documents (last 5)
Building stats
- Zoning:
- M1-2/R6
- Lot size:
- 10,450 sqft
- Building area:
- 63,033 sqft
- Floors:
- 6
- Assessed value:
- $9.6M
- Community district:
- 301
- Council district:
- 34
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 109 SOUTH 5 STREET
Who owns 109 SOUTH 5 STREET?
The current registered owner of record for 109 SOUTH 5 STREET per NYC PLUTO is HEITMAN CREDIT ACQUISITION XXII, LLC. The most recent ACRIS deed transfer for this BBL was recorded on June 9, 2022 when the property was conveyed to HEITMAN CREDIT ACQUISITION XXII, LLC. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.
When was 109 SOUTH 5 STREET last sold?
The most recent ACRIS deed transfer for 109 SOUTH 5 STREET was recorded on June 9, 2022, when 109 SOUTH 5 PROPERTY LLC conveyed the property to HEITMAN CREDIT ACQUISITION XXII, LLC for $45.97M. The transaction was recorded as cash (no paired mortgage instrument).
How many HPD violations does 109 SOUTH 5 STREET have?
No open HPD housing-maintenance code violations are on record for 109 SOUTH 5 STREET. The building is not registered with NYC HPD's landlord-registration system, which is typical for owner-occupied 1-2 family dwellings. HPD violation data is pulled daily from the NYC Open Data violations feed.
What is the assessed value of 109 SOUTH 5 STREET?
NYC Department of Finance assesses 109 SOUTH 5 STREET at $9.55M for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.
What building class is 109 SOUTH 5 STREET and what does that mean?
109 SOUTH 5 STREET is NYC building class O5 — Office + commercial. An office building with significant commercial space. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.